Veren Inc T.VRN

Panic-Proof Portfolio

[retiredcf]

TOP PICK

Crescent Point Energy Corp(CPG-T)

24/10/2023

 

Stockchase Research Editor: Michael O'Reilly

With quarterly reported cash reserves growing, while debt is retired and stock bought back, we again reiterate CPG as a TOP PICK.  The company recently announced it is selling its N. Dakota assets for $675 million and plans to spend over $1 billion in capital projects next year.  We continue to recommend a stop at $9.50, looking to achieve $14 -- upside potential over 24%.  Yield 3.2%

(Analysts’ price target is $14.25)
 

Oil / Gas

$11.010

[Moemoney42]

Speaking of stop losses.. looks like another stop loss raid this AM..! CDN oil & gas stocks taking it on the chin in the first few minutes tells me the shorters states side are working hard to control the narrative.. the longs will step in soon and force them to cover IMO..?

[Canoftuna]

Speaking of stop losses.... when do you plan on using one!!!!

[Canoftuna]

250 bucks each time. Do it 100 times and what do you get?..... oil up oil down...... gold up gold down....  two easy sectors to do it in. I paid 29.99 a trade back then. Today you can do it for free. Don't sell all at once. Don't buy all at once. You won't get this advice anywhere else. Enjoy!

[Anschutz]

Watching the US manipulation of oil price tells me Israel will go into Gaza and clean house.  Last week we broke $90.  Had they gone in, we'd be well over $100. US likely brokered a deal to send troops to support and scare of arab neighbors from joining in, IF Israel delayed going in.  This gives them time to manipulate price lower to prevent $100+ oil when they do go in. 

[Marty47]

Biden worry just about oil , doesn't care about gaza , trust me Israel didn't put all those thanks for nothing , Russia did the same , bring tank close and invade , USA in Iraq and Afghanistan the same so do you think Israel will listen Guterra and company , USA put a bomb in Hiroshima they didn't ask ......by Monday gaza will be invade by Israel and kiss goodby Biden election

[Seppelt]

What a wise guy, "don't forget about the stop loss, it's very important" With all respect to @retirecf, I care less what bank analysts and many other pundits say. Stopped watching BNN years ago, unless come across a video with CEOs or interesting people. Even then, I hate watching 3 commercials before the privilege... Current buyers probably love lower prices. Lower the

[Canoftuna]

I don't believe in stop losses and I  don't  want my stocks to appreciate. This is what I  did starting in 2014. I picked mining sector. Started with 1 stock (Lundin). Lets say it's 5 bucks. I buy a1000 share block. Then I  pray for it to go down. I  buy at 4.75 and pray once more. 4.50 then 4.25 and so on. I know it won't  go to zero. If  it goes

[Canoftuna]

I learned you something today!

[Canoftuna]

If it goes to 8 do it there, if it goes to 2 do it there.... give me a thumbs-up for the car at least.

[DrBill1]

TACTIC SHOULD WORK WELL WITH CPG, AS LONG AS ONE CAN BE PATIENT AND NOT PANIC.  S&P BROKE 10% LAST FRIDAY---ANALYSTS USING THOSE CHARTS WILL KICK-UP SELLING & THERE WILL BE STORIES ABOUT THE TIDES OF THE MONTH OF OCTOBER. REGARDS,

[Canoftuna]

To me 2 bucks is better. I can buy 2.5 blocks so CPG at 7 is better than 10. 

[Canoftuna]

I dont cry manipulation this manipulation that. I ride the markets coatails.  Every peak and valley of my CPG chart benefits me. Slow and steady. Works every day, every week all year long except once. I owned Twin Butte Energy and lost 20k.

[Seppelt]

Care less about market manipulation. Oil prices always fluctuate, manipulated or not. About geopolitics, first of all I don't want to hear the name Gueterres. The dude made a few climate speeches a few months ago screaming "the planet is burning!!". What an iddiot, same type as Greta, anti capitalist, anti everything that is successful. As for the invasion and possible escalation

[Canoftuna]

Try reading the above comment again. This time slowly and repost again........ Did you know that the term "woke" originated within the black community and was then adopted by the angry white man?